KRS Capital Management LLC Sells 78 Shares of Accenture PLC $ACN

KRS Capital Management LLC decreased its holdings in shares of Accenture PLC (NYSE:ACN) by 4.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 1,721 shares of the information technology services provider’s stock after selling 78 shares during the period. KRS Capital Management LLC’s holdings in Accenture were worth $514,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in ACN. Brighton Jones LLC increased its position in shares of Accenture by 36.2% in the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock valued at $6,486,000 after buying an additional 4,905 shares in the last quarter. Wealthcare Advisory Partners LLC increased its position in shares of Accenture by 41.4% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 4,864 shares of the information technology services provider’s stock valued at $1,518,000 after buying an additional 1,424 shares in the last quarter. Focus Financial Network Inc. increased its position in shares of Accenture by 10.7% in the 1st quarter. Focus Financial Network Inc. now owns 4,895 shares of the information technology services provider’s stock valued at $1,527,000 after buying an additional 472 shares in the last quarter. Exchange Bank increased its position in shares of Accenture by 5.4% in the 1st quarter. Exchange Bank now owns 776 shares of the information technology services provider’s stock valued at $242,000 after buying an additional 40 shares in the last quarter. Finally, Simon Quick Advisors LLC increased its position in shares of Accenture by 9.7% in the 1st quarter. Simon Quick Advisors LLC now owns 5,960 shares of the information technology services provider’s stock valued at $1,860,000 after buying an additional 525 shares in the last quarter. Institutional investors own 75.14% of the company’s stock.

Accenture Trading Down 0.3%

Accenture stock opened at $252.28 on Friday. The firm has a 50-day moving average of $247.73 and a 200-day moving average of $282.04. Accenture PLC has a one year low of $229.40 and a one year high of $398.35. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.46. The company has a market cap of $158.01 billion, a price-to-earnings ratio of 20.76, a P/E/G ratio of 2.20 and a beta of 1.28.

Accenture (NYSE:ACN) last posted its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, topping analysts’ consensus estimates of $2.98 by $0.05. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The company had revenue of $17.60 billion during the quarter, compared to the consensus estimate of $17.34 billion. During the same period in the prior year, the business posted $2.66 EPS. The company’s quarterly revenue was up 7.3% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, equities analysts expect that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be paid a dividend of $1.63 per share. The ex-dividend date is Friday, October 10th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.6%. This is a positive change from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio (DPR) is currently 48.72%.

Analysts Set New Price Targets

ACN has been the subject of a number of recent analyst reports. Stifel Nicolaus lowered their price objective on shares of Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a research report on Tuesday, September 16th. TD Cowen lowered their price objective on shares of Accenture from $313.00 to $295.00 and set a “buy” rating for the company in a research report on Friday, September 26th. Evercore ISI set a $280.00 target price on shares of Accenture in a research note on Thursday, September 25th. Wall Street Zen raised shares of Accenture from a “hold” rating to a “buy” rating in a research note on Friday, October 3rd. Finally, The Goldman Sachs Group reduced their target price on shares of Accenture from $370.00 to $330.00 and set a “buy” rating for the company in a research note on Friday, September 26th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Accenture presently has an average rating of “Moderate Buy” and a consensus target price of $300.22.

About Accenture

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.